In late 2022 and early 2023, as you submit 401(k) Pension Plan contributions to NRECA, remember to compare the pay date shown in NRECA’s system to the one in your payroll system. If the dates don’t match, adjust the pay[…]
The retirement compliance questionnaire and resource guide for 2022 are now available on the Employee Benefits website. Also, the prerecorded 2022 Compliance Annual Reporting webinar is now available for on-demand viewing to help you prepare your data. A Message Center notification[…]
Cooperatives now have access to new features and functionality on the NRECA Employee Benefits website when completing ACH (automated clearing house) transactions for retirement plans. As a result, your cooperative no longer needs to complete a paper ACH authorization form[…]
Divorce is an emotionally stressful event in the lives of everyone involved, and it is statistically likely that a percentage of employees at most cooperatives will go through a divorce during their career. The Personal Investment & Retirement Consulting (PIRC)[…]
NRECA processes scheduled payments from the 401(k) Pension Plan on the 22nd of each month, which allows participants to receive their payments by the first of the following month. To accommodate year-end holiday timing, NRECA will be processing scheduled December[…]